Capitec News
Latest articles and news about Capitec on AXL Media.
Latest Articles
- Capitec Challenges Traditional Elite Banks With Strategic Expansion Into South Africa’s High Earner Segment
Published: Apr 29, 2026
Section: Africa
Capitec has reported a 21% increase in high income clients as it pivots toward the premium market to sustain its aggressive growth. Following its 2026 annual results, the bank is l...
- Capitec Implements Credit Tightening as Iran Conflict and Rising Impairments Heighten Global Financial Risks
Published: Apr 23, 2026
Section: Africa
Capitec Group has shifted toward a more prudent lending strategy in response to geopolitical instability and a climb in credit loss ratios to 8.1%. Despite a 23% surge in headline...
- Rand Volatility and Police Scandals Strain South African Markets Amid Rising Fuel and Insurance Costs
Published: Apr 23, 2026
Section: Africa
South Africa faces economic pressure as headline inflation reached 3.1% in March while fuel price hikes tied to Middle East tensions threaten to drive insurance premiums higher. Si...
- Capitec Deploys Real Time AI Protection Tool After Blocking R642 Million In Fraudulent Transactions
Published: Apr 18, 2026
Section: Africa
Capitec has launched a proactive fraud prevention feature within its banking app to identify and pause high risk payments before funds exit accounts. The strategic rollout follows...
- Capitec’s Rapid Smart ID Rollout Targets Eradication of Fraud Prone Green Books
Published: Apr 17, 2026
Section: Africa
South Africa’s largest bank by customers has activated self service terminals for smart ID applications at 76 branches, significantly expanding access beyond major metropolitan hub...
- Curro Delists From JSE Following R7.2 Billion Acquisition by Jannie Mouton Foundation for Philanthropic Transformation
Published: Apr 13, 2026
Section: Africa
South Africa’s largest independent school network, Curro, has completed its transition from a publicly traded company to a public benefit organisation following a R7.2 billion take...
- Standard Bank Expands Smart ID Services to 30 Branches as South Africa Hits 100-Branch Milestone
Published: Apr 5, 2026
Section: Africa
Home Affairs Minister Leon Schreiber has announced that South Africa has reached its goal of 100 Smart ID-enabled bank branches by the end of the 2025/26 financial year. Standard B...
- Capitec Thwarts R642 Million in Fraudulent Transfers as Criminals Shift Focus to Behavioral Exploitation
Published: Apr 3, 2026
Section: Africa
South African banking giant Capitec successfully blocked over 394,000 fraudulent transactions in the past financial year, protecting clients from more than R642 million in potentia...
- Department of Home Affairs Expands Digital ID Services to 110 Bank Branches Across South Africa
Published: Apr 2, 2026
Section: Africa
Minister Leon Schreiber announced a 44% expansion of the Smart ID and passport service network through a new digital partnership with major financial institutions. The rollout has...
- Capitec Rapidly Scales Smart ID Services to 47 Branches Nationwide Following Historic Department of Home Affairs Integration
Published: Mar 29, 2026
Section: Africa
Capitec has achieved the widest geographic reach for digital identity services in South Africa, activating 40 new Smart ID locations across all nine provinces this month. The rapid...
- Home Affairs Department Accelerates Digital Shift with Landmark Capitec Partnership to End Long Queues
Published: Mar 9, 2026
Section: Africa
Home Affairs Minister Leon Schreiber has officially launched a digital partnership with Capitec Bank to expand access to Smart ID and passport services. This initiative, part of th...
- Capitec to launch first Smart ID and passport processing branch as part of national digital expansion
Published: Mar 3, 2026
Section: Business & Economy
South Africa’s largest bank by customer base, Capitec, is set to open its first branch dedicated to Smart ID and passport services. The initiative is part of a broader partnership...